dividend
confidence high
sentiment positive
materiality 0.60
FREIT declares $0.30/share total dividend including $0.25 special from rent escrow
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- Third-quarter ordinary dividend of $0.05 per share declared.
- Special dividend of $0.25 per share from post-closing rent escrow on Maryland property sale.
- Total $0.30 per share payable September 15, 2023; record date September 1, 2023.
- Board to evaluate future dividends quarterly; no assurance of future payments.